đ Top 5 Stock Brokers in India 2026
Compare brokerage charges, features, and reviews to find the best trading platform for you
đĸ Disclosure: This page contains affiliate links. We may earn a commission
if you open an account through our links, at no extra cost to you. Our recommendations
are based on honest research.
#1 đĻ
Equity Brokerage âš0
Account Fee âš200
AMC/Year âš300/year
â Pros
- Most trusted brand in India
- Zero brokerage on equity delivery
- Advanced trading platform (Kite)
- Excellent educational resources (Varsity)
- Largest user base
â Cons
- Account opening fee of âš200
- AMC of âš300/year
- No margin trading facility
đ¤ Best For: Long-term investors and beginners
đą Platforms: Kite Web, Kite Mobile, Kite Console
đ Customer Care: 080-47181888
#2 đŠ
Equity Brokerage âš0
Account Fee âš0
AMC/Year âš0
â Pros
- Completely free account opening
- Very user-friendly interface
- Integrated mutual funds & stocks
- No AMC charges
- Quick digital KYC
â Cons
- Limited advanced trading tools
- Newer platform (less track record)
- Basic charting features
đ¤ Best For: Absolute beginners and mutual fund investors
đą Platforms: Groww Web, Groww Mobile App
đ Customer Care: 0124-6628400
#3 đĒ
Equity Brokerage âš0
Account Fee âš0
AMC/Year âš0
â Pros
- Zero account opening fee
- No annual maintenance charges
- Margin trading available (up to 5x)
- Fast account opening process
- Good mobile app experience
â Cons
- Customer support can be slow
- Higher depository charges (âš18.5)
- Limited research tools
đ¤ Best For: Active traders and cost-conscious investors
đą Platforms: Upstox Pro Web, Upstox Pro Mobile
đ Customer Care: 022-61391000
#4 đ´
Equity Brokerage âš0
Account Fee âš0
AMC/Year âš240/year (waived if 1 trade/month)
â Pros
- Oldest broker (35+ years experience)
- Strong research and advisory team
- Margin trading available (up to 4x)
- Good customer support network
- Free account opening
â Cons
- AMC charges (unless you trade monthly)
- Higher intraday brokerage (0.25%)
- App can be complex for beginners
đ¤ Best For: Experienced traders who value research
đą Platforms: Angel One Web, Angel One Mobile, Angel SpeedPro
đ Customer Care: 1800-120-2020
#5 đĄ
Equity Brokerage âš10 per order
Account Fee âš0
AMC/Year âš0
â Pros
- Flat âš10 per order (predictable costs)
- No AMC or account opening fees
- Multiple trading platforms
- Good for high-volume traders
- Margin funding available
â Cons
- Not truly zero brokerage (âš10/order)
- Customer support needs improvement
- Interface less polished than competitors
đ¤ Best For: High-volume traders who prefer flat fees
đą Platforms: 5paisa Web, 5paisa Mobile, 5paisa Desktop
đ Customer Care: 022-66896896
đ Quick Comparison
| Rank | Broker | Equity Brokerage | Account Fee | AMC | Rating | Action |
|---|---|---|---|---|---|---|
| 1 | đĻ Zerodha | âš0 | âš200 | âš300/year | ||
| 2 | đŠ Groww | âš0 | âš0 | âš0 | ||
| 3 | đĒ Upstox | âš0 | âš0 | âš0 | ||
| 4 | đ´ Angel One | âš0 | âš0 | âš240/year (waived if 1 trade/month) | ||
| 5 | đĄ 5paisa | âš10 per order | âš0 | âš0 |
đ Detailed Reviews
đĻ
1. Zerodha â 4.5
Est. 2010 | SEBI: INZ000031633
Equity Brokerage âš0
Intraday/F&O âš20 or 0.03% (whichever is lower)
Account Opening âš200
AMC/Year âš300/year
â Advantages
- Most trusted brand in India
- Zero brokerage on equity delivery
- Advanced trading platform (Kite)
- Excellent educational resources (Varsity)
- Largest user base
â Disadvantages
- Account opening fee of âš200
- AMC of âš300/year
- No margin trading facility
đ¤ Best For: Long-term investors and beginners
đ Additional Information
Trading Platforms: Kite Web, Kite Mobile, Kite Console
Customer Care: 080-47181888
Website: https://zerodha.com
đŠ
2. Groww â 4.4
Est. 2016 | SEBI: INZ000301838
Equity Brokerage âš0
Intraday/F&O âš20 or 0.05% (whichever is lower)
Account Opening âš0
AMC/Year âš0
â Advantages
- Completely free account opening
- Very user-friendly interface
- Integrated mutual funds & stocks
- No AMC charges
- Quick digital KYC
â Disadvantages
- Limited advanced trading tools
- Newer platform (less track record)
- Basic charting features
đ¤ Best For: Absolute beginners and mutual fund investors
đ Additional Information
Trading Platforms: Groww Web, Groww Mobile App
Customer Care: 0124-6628400
Website: https://groww.in
đĒ
3. Upstox â 4.3
Est. 2012 | SEBI: INZ000183631
Equity Brokerage âš0
Intraday/F&O âš20 or 0.05% (whichever is lower)
Account Opening âš0
AMC/Year âš0
â Advantages
- Zero account opening fee
- No annual maintenance charges
- Margin trading available (up to 5x)
- Fast account opening process
- Good mobile app experience
â Disadvantages
- Customer support can be slow
- Higher depository charges (âš18.5)
- Limited research tools
đ¤ Best For: Active traders and cost-conscious investors
đ Additional Information
Trading Platforms: Upstox Pro Web, Upstox Pro Mobile
Customer Care: 022-61391000
Website: https://upstox.com
đ´
4. Angel One â 4.2
Est. 1987 | SEBI: INZ000161534
Equity Brokerage âš0
Intraday/F&O âš20 or 0.25% (whichever is lower)
Account Opening âš0
AMC/Year âš240/year (waived if 1 trade/month)
â Advantages
- Oldest broker (35+ years experience)
- Strong research and advisory team
- Margin trading available (up to 4x)
- Good customer support network
- Free account opening
â Disadvantages
- AMC charges (unless you trade monthly)
- Higher intraday brokerage (0.25%)
- App can be complex for beginners
đ¤ Best For: Experienced traders who value research
đ Additional Information
Trading Platforms: Angel One Web, Angel One Mobile, Angel SpeedPro
Customer Care: 1800-120-2020
Website: https://angelone.in
đĄ
5. 5paisa â 4
Est. 2007 | SEBI: INZ000150639
Equity Brokerage âš10 per order
Intraday/F&O âš10 per order
Account Opening âš0
AMC/Year âš0
â Advantages
- Flat âš10 per order (predictable costs)
- No AMC or account opening fees
- Multiple trading platforms
- Good for high-volume traders
- Margin funding available
â Disadvantages
- Not truly zero brokerage (âš10/order)
- Customer support needs improvement
- Interface less polished than competitors
đ¤ Best For: High-volume traders who prefer flat fees
đ Additional Information
Trading Platforms: 5paisa Web, 5paisa Mobile, 5paisa Desktop
Customer Care: 022-66896896
Website: https://www.5paisa.com
â Frequently Asked Questions
Which is the best stock broker in India?
Zerodha is currently the most popular and trusted broker with 7M+ active users, known for zero brokerage on equity delivery and excellent platforms. However, the "best" depends on your specific needs.
Which brokers have zero brokerage?
Zerodha, Upstox, Groww, and Angel One offer âš0 brokerage on equity delivery. For intraday and F&O, they charge âš20 per order or a small percentage.
Are these affiliate links?
Yes, we use affiliate links. If you sign up through our links, we earn a small commission at no extra cost to you. This helps us maintain the site while providing honest, unbiased reviews.
How long does account opening take?
Most brokers complete digital account opening within 24 hours. With instant video KYC, you can start trading the same day with Zerodha, Upstox, and Groww.